Product Code: CH 2329
"The conductive inks market is projected to register a CAGR of 4.0 % between 2019 and 2024."
The conductive inks market size is projected to grow from USD 3.3 billion in 2019 to USD 4.0 billion by 2024, at a CAGR of 4.0% between 2019 and 2024. Increasing demand from emerging economies and the growing consumption of conductive inks from the electronic industry are creating growth opportunities for the market players. However, the increasing requirement for high-end technologies acts as a restraint to the growth of the market.
"Conductive polymer inks segment is estimated to account for the fastest-growing market share during the forecast period."
The conductive polymer inks segment is projected to be the fastest-growing type, in terms of value, during the forecast period. The electrical properties of the polymers can be customized according to the application through organic synthesis. These materials successfully combine the electrical properties of metals, such as low cost, resistance to corrosion, and lightweight, with the advantages of polymers. The unique properties of conductive polymers help in providing better alternatives for cost-sensitive materials.
"Photovoltaics is estimated to be the largest application of conductive inks."
Photovoltaics was the largest application of the market in 2018 due to the high demand for conductive inks in the PV application for screen printing technology. Rising energy costs, coupled with climate change, are increasing the dependency on renewable energy sources such as the PV photovoltaics technology, which captures the solar energy and transforms it into electricity through the PV effect.
"The APAC conductive inks market is the largest and fastest-growing markets."
APAC is estimated to be the largest and fastest-growing conductive inks market. The growth in the APAC region can be attributed to the growing demand for conductive inks from various applications such as
photovoltaics, RFID, displays, membrane switches, PCB, automotive, and others. The presence of a robust industrial base, favorable government policies, and low labor cost are strengthening the conductive inks market in APAC.
Breakdown of profiles of primary interviewees:
- By Company Type - Tier 1 - 42%, Tier 2 - 33%, and Tier 3 - 25%
- By Designation - C Level - 31%, Director Level - 31%, and Others - 38%
- By Region - APAC - 61%, Europe - 31%, North America - 8%
Some of the key companies profiled in this report are: DowDuPont (US), Henkel AG & Co. KGaA (Germany), Heraeus Holding GmbH (Germany), Johnson Matthey (UK), Poly-Ink (France), Sun Chemical Corporation (US), NovaCentrix (US), Creative Materials Inc. (US), Applied Ink Solutions (US), and Vorbeck Materials (US), among others.
Research Coverage:
The report covers the conductive inks market and its use in different applications across various regions. It estimates the size of the conductive inks market for 2018 and forecasts the growth potential of the market across different segments. The report also includes an in-depth competitive analysis of the key market players, along with their profiles and key growth strategies adopted by them.
Key Benefits of Buying the Report:
This research report focuses on various levels of analysis, which include industry analysis (industry trends) and company profiles. These insights present views on the competitive landscape, emerging and high-growth segments of the conductive inks market, high-growth regions, and drivers, restraints, opportunities, and challenges in the conductive inks market.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on conductive inks offered by the top players operating in the market
- Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and new product launches in the conductive inks market
- Market Development: Comprehensive information about lucrative and emerging markets; analyzes markets for conductive inks in different regions
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the conductive inks market
- Competitive Assessment: In-depth assessment of strategies and products of the leading players in the conductive inks market
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 OBJECTIVES OF THE STUDY
- 1.2 MARKET DEFINITION
- 1.3 MARKET SCOPE
- 1.3.1 CONDUCTIVE INKS MARKET SEGMENTATION
- 1.3.2 REGIONS COVERED
- 1.4 YEARS CONSIDERED FOR THE STUDY
- 1.5 CURRENCY
- 1.6 UNIT CONSIDERED
- 1.7 LIMITATIONS
- 1.8 STAKEHOLDERS
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- 2.1.1 SECONDARY DATA
- 2.1.1.1 Key data from secondary sources
- 2.1.2 PRIMARY DATA
- 2.1.2.1 Key data from primary sources
- 2.1.2.2 Key industry insights
- 2.1.2.3 Breakdown of primary interviews
- 2.2 MARKET SIZE ESTIMATION
- 2.3 DATA TRIANGULATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 ATTRACTIVE OPPORTUNITIES IN THE CONDUCTIVE INKS MARKET
- 4.2 APAC CONDUCTIVE INKS MARKET, BY APPLICATION AND COUNTRY IN 2018
- 4.3 CONDUCTIVE INKS MARKET, BY COUNTRY
5 MARKET OVERVIEW
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
- 5.2.1.1 Increasing demand for efficiency and miniaturization of devices
- 5.2.1.2 New applications in the electronics industry
- 5.2.1.2.1 Batteries
- 5.2.1.2.2 Fuel Cells
- 5.2.2 RESTRAINTS
- 5.2.2.1 Requirement of high-end technologies
- 5.2.3 OPPORTUNITIES
- 5.2.3.1 Development of cheaper alternatives to silver-based conductive inks
- 5.2.3.2 Increased investment for R&D in nanomaterials
- 5.2.4 CHALLENGES
- 5.2.4.1 High cost of silver-based conductive inks
- 5.3 PORTER'S FIVE FORCES ANALYSIS
- 5.3.1 BARGAINING POWER OF SUPPLIERS
- 5.3.2 THREAT OF NEW ENTRANTS
- 5.3.3 THREAT OF SUBSTITUTES
- 5.3.4 BARGAINING POWER OF BUYERS
- 5.3.5 INTENSITY OF COMPETITIVE RIVALRY
- 5.4 MACROECONOMIC INDICATORS
- 5.4.1 PHOTOVOLTAICS INDUSTRY
6 CONDUCTIVE INKS MARKET, BY TYPE
- 6.1 INTRODUCTION
- 6.2 SILVER-BASED CONDUCTIVE INKS
- 6.2.1 SILVER FLAKES
- 6.2.1.1 Rising use of silver flakesin photovoltaics application to drive
their demand 44
- 6.2.2 SILVER NANOWIRE
- 6.2.2.1 Rising use of silver nanowire in touchscreens, photovoltaics,
bio-sensors and pcb to drive their demand 45
- 6.2.3 SILVER NANOPARTICLES
- 6.2.3.1 Increasing use of flexible electronics to drive the demand
of silver nanoparticles 46
- 6.3 COPPER-BASED CONDUCTIVE INKS
- 6.3.1 COPPER FLAKES
- 6.3.1.1 Increasing demand of copper flakes in screen printing applications
to drive the demand in apac 47
- 6.3.2 COPPER NANOPARTICLES
- 6.3.2.1 Rising demand of rfid application in apac to drive the demand
of copper nanoparticles 49
- 6.3.3 COPPER OXIDE NANOPARTICLES
- 6.3.3.1 Increasing use of RFID in smart packaging to drive demand of
copper oxide nanoparticles in APAC 50
- 6.3.4 SILVER-COATED COPPER NANOPARTICLES
- 6.3.4.1 Reduced oxidation of copper nanoparticles due to silver coating is driving the use of silver-coated copper nanoparticles in various applications in APAC
- 6.4 CONDUCTIVE POLYMER INKS
- 6.4.1 WIDE SCALE USE IN FLEXIBLE DISPLAYS, TOUCHSCREENS, AND LCDS
IS BOOSTING THE MARKET 52
- 6.5 CARBON NANOTUBE (CNT) INKS
- 6.5.1 LOW POWER CONSUMPTION MAKES CARBON NANOTUBE INKS SUITABLE FOR USE IN SENSORS
- 6.6 CARBON/GRAPHENE INKS
- 6.6.1 PRINTED ELECTRONICS INDUSTRY IS LIKELY TO DRIVE THIS SEGMENT
OF THE CONDUCTIVE INKS MARKET 54
- 6.7 OTHERS
- 6.7.1 GOLD-BASED INKS
- 6.7.2 ALUMINUM-BASED INKS
- 6.7.3 NICKEL-BASED INKS
7 CONDUCTIVE INKS MARKET, BY APPLICATION
- 7.1 INTRODUCTION
- 7.2 PHOTOVOLTAICS (PV)
- 7.2.1 PHOTOVOLTAICS APPLICATION IS DRIVING THE SILVER CONDUCTIVE
INKS MARKET 59
- 7.3 MEMBRANE SWITCHES
- 7.3.1 SILVER, COPPER, AND DIELECTRIC CONDUCTIVE INKS ARE WIDELY
USED IN MEMBRANE SWITCHES 61
- 7.4 DISPLAYS
- 7.4.1 SILVER NANOWIRE CONDUCTIVE INKS ARE REPLACING INDIUM TIN
OXIDE IN FLEXIBLE DISPLAYS 62
- 7.5 AUTOMOTIVE
- 7.5.1 GROWING FOCUS ON LIGHTWEIGHT AUTOMOBILES IS CONTRIBUTING TO
THE CONDUCTIVE INKS MARKET GROWTH IN THE AUTOMOTIVE SEGMENT 63
- 7.6 BIO-SENSORS
- 7.6.1 GROWING USE OF SENSORS IN HEALTHCARE AND CONSUMER ELECTRONICS INDUSTRIES IN MAJOR REGIONS ARE FUELING THE MARKET
- 7.7 RADIO-FREQUENCY IDENTIFICATION (RFID)
- 7.7.1 SMART PACKAGING FOR CONSUMER GOODS IS DRIVING THE CONDUCTIVE INKS MARKET IN THE RFID APPLICATION
- 7.8 PRINTED CIRCUIT BOARD (PCB)
- 7.8.1 APAC IS ESTIMATED TO DRIVE THE MARKET IN THE PCB APPLICATION
- 7.9 THERMAL HEATING
- 7.9.1 THE USE OF CONDUCTIVE INKS IS INCREASING IN DIFFERENT THERMAL HEATING APPLICATIONS
- 7.9.2 OTHERS
- 7.10 OTHERS
8 CONDUCTIVE INKS MARKET, BY REGION
- 8.1 INTRODUCTION
- 8.2 APAC
- 8.2.1 CHINA
- 8.2.1.1 Governmental policies supporting the use of conductive inks in applications such as RFID, wearable electronics, 3D printing, and photovoltaics are supporting the market growth
- 8.2.2 JAPAN
- 8.2.2.1 Demand for conductive inks in Japan is primarily driven by electronics applications such as displays, photovoltaics, and antennae
- 8.2.3 SOUTH KOREA
- 8.2.3.1 Increasing use of conductive inks in the printed electronics industry
is likely to boost the use of conductive inks 78
- 8.2.4 INDIA
- 8.2.4.1 Growth of various industries such as electronics, automotive, and consumer goods are likely to drive the demand for conductive
inks in the country 79
- 8.2.5 AUSTRALIA
- 8.2.5.1 Large number of PV installations is enabling the growth of the conductive inks market in Australia
- 8.2.6 THAILAND
- 8.2.6.1 Significant economic development of Thailand is the main driving factor for the market in the country
- 8.2.7 REST OF APAC
- 8.3 EUROPE
- 8.3.1 GERMANY
- 8.3.1.1 Rising awareness among consumers about renewable and clean energy sources is driving the demand for conductive inks in the photovoltaics application
- 8.3.2 UK
- 8.3.2.1 The conductive inks market in the UK is expected to grow owing to high demand from the RFID and photovoltaics segments
- 8.3.2.2 Diversified economy and improving regulations regarding the solar sector are contributing to the conductive inks market growth
- 8.3.3 SPAIN
- 8.3.3.1 Government initiatives to promote the use of renewable energy are driving the market
- 8.3.4 ITALY
- 8.3.4.1 A considerable demand for conductive inks is generated from the automotive sector in Italy
- 8.3.5 NETHERLANDS
- 8.3.5.1 Growing solar energy industry and increasing use of metal nanoparticles are boosting the market
- 8.3.6 DENMARK
- 8.3.6.1 Increasing demand for renewable energy is driving the use of conductive inks in photovoltaics application
- 8.3.7 REST OF EUROPE
- 8.4 NORTH AMERICA
- 8.4.1 US
- 8.4.1.1 Presence of major players is one of the driving factors for the conductive inks market in the country
- 8.4.2 CANADA
- 8.4.2.1 Use of conductive inks in the photovoltaics application is expected to drive the market in Canada
- 8.4.3 MEXICO
- 8.4.3.1 Use of new technologies and significant foreign investments are the market drivers in Mexico
- 8.5 MIDDLE EAST & AFRICA
- 8.5.1 EGYPT
- 8.5.1.1 Growth of various applications are likely to boost the market in Egypt
- 8.5.2 ISRAEL
- 8.5.2.1 With abundant hydrocarbon reserves, Israel is a key conductive
inks market 108
- 8.5.3 SAUDI ARABIA
- 8.5.3.1 The demand for conductive inks in Saudi Arabia is driven by its use in the photovoltaics and RFID applications
- 8.5.4 UAE
- 8.5.4.1 The RFID segment is expected to witness the fastest growth in the UAE conductive inks market
- 8.5.5 REST OF MIDDLE EAST & AFRICA
- 8.6 SOUTH AMERICA
- 8.7 BRAZIL
- 8.7.1 ECONOMIC RECOVERY AND DEMAND FOR LOW-COST CONDUCTIVE FILLERS ARE EXPECTED TO DRIVE THE MARKET
- 8.8 CHILE
- 8.8.1 THE ABUNDANCE OF COPPER IN THE COUNTRY IS HELPING THE CONDUCTIVE INKS MARKET
- 8.9 REST OF SOUTH AMERICA
9 COMPETITIVE LANDSCAPE
- 9.1 OVERVIEW
- 9.2 COMPETITIVE SCENARIO
- 9.2.1 NEW PRODUCT DEVELOPMENT
- 9.2.2 PARTNERSHIP & AGREEMENT
- 9.2.3 MERGER & ACQUISITION
- 9.2.4 EXPANSION
- 9.3 MARKET SHARE OF KEY PLAYERS
- 9.4 COMPETITIVE BENCHMARKING
10 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
- 10.1 DOWDUPONT
- 10.2 HENKEL AG & CO. KGAA
- 10.3 HERAEUS HOLDING GMBH
- 10.4 JOHNSON MATTHEY
- 10.5 POLY-INK
- 10.6 SUN CHEMICAL CORPORATION
- 10.7 NOVACENTRIX
- 10.8 CREATIVE MATERIALS INC.
- 10.9 APPLIED INK SOLUTIONS
- 10.10 VORBECK MATERIALS
- 10.11 ADDITIONAL COMPANY PROFILES
- 10.11.1 ADVANCED NANO PRODUCTS CO. LTD.
- 10.11.2 AGFA-GEVAERT N.V.
- 10.11.3 ELEPHANTECH INC.
- 10.11.4 APPLIED NANOTECH
- 10.11.5 BANDO CHEMICAL INDUSTRIES, LTD.
- 10.11.6 CARTESIAN CO.
- 10.11.7 CIMA NANOTECH INC.
- 10.11.8 COLLOIDAL INK CO., LTD.
- 10.11.9 DAICEL CORPORATION (TOKYO, JAPAN)
- 10.11.10 INKTEC CORPORATION
- 10.11.11 METHODE ELECTRONICS, INC.
- 10.11.12 PARKER CHOMERICS
Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
11 APPENDIX
- 11.1 DISCUSSION GUIDE
- 11.2 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 11.3 AVAILABLE CUSTOMIZATIONS
- 11.4 RELATED REPORTS
- 11.5 AUTHOR DETAILS
